Form 4: Independent Bank Corp Executive Maria S. Harris Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Maria S. Harris, Chief Human Resources Officer of Independent Bank Corp, disposed of 37 shares of common stock to satisfy a tax withholding obligation on February 27, 2025.
Summary
- On February 27, 2025, Maria S. Harris, the Chief Human Resources Officer of Independent Bank Corp, disposed of 37 shares of common stock.
- The transaction was executed to satisfy a tax withholding obligation.
- The shares were disposed of at a price of $68.32 per share.
- Following the transaction, Harris beneficially owns 13,764.7014 shares, including 1,015.7014 shares held in her 401(k) account.
Sentiment
Score: 5
Explanation: The document reflects a neutral event (tax obligation fulfillment) with no inherent positive or negative implications for the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders trade their company's stock. This filing indicates a routine transaction to cover tax obligations, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Date of transaction: Maria S. Harris disposed of shares to cover tax obligations. |
| 03/03/2025 | Date of signature: Maureen A. Gaffney, Power of Attorney for Maria S. Harris, signed the document. |
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